by Lara | Jun 11, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 11, 2021 A mostly sideways week has closed red on a strongly downwards day. The alternate Elliott wave count is adjusted. The main Elliott wave count remains the same. Summary: The main wave count is...
by Lara | Jun 10, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 10, 2021 A downwards session closes green with a long lower wick. A signal today from On Balance Volume supports both Elliott wave counts, which expect the same direction next. Summary: The main wave...
by Lara | Jun 9, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 9, 2021 A small range inside session sees price continue to move sideways now for two sessions. This prompts a change in the very short-term hourly Elliott wave count. Summary: The main wave count is...
by Lara | Jun 8, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 8, 2021 Upwards movement continues as expected, but today’s candlestick has closed red. Both Elliott wave counts expect the same movement next. Summary: The main wave count is bullish. The next...
by Lara | Jun 7, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 7, 2021 Both Elliott wave counts expected this new week to begin with upwards movement, which is what has happened. Summary: The main wave count is bullish. The next mid-term target is at 1,923. The...
by Lara | Jun 4, 2021 | Gold, Lara's Weekly, S&P500, US Oil
Lara’s Weekly: Elliott Wave and Technical Analysis of S&P500 and Gold and US Oil | Charts – June 4, 2021 S&P 500 Upwards movement today indicates the pullback is most likely over. The upwards trend remains intact as the Elliott wave count expects....
by Lara | Jun 4, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 4, 2021 More downwards movement was expected to end about 1,854 to 1,845, but the target zone was too low. Downwards movement ended at 1,861.17 before a strong reversal closed the candlestick for Friday...
by Lara | Jun 3, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 3, 2021 A new low below 1,885.27 indicated another fourth wave correction may have begun. Price today has found support at the lower edge of the channel on the alternate daily Elliott wave chart. Summary:...
by Lara | Jun 2, 2021 | Gold
GOLD: Elliott Wave and Technical Analysis | Charts – June 2, 2021 A small range inside day leaves the Elliott wave analysis unchanged. Summary: The main wave count is bullish. A short-term target is at 1,987. The longer-term target is at 2,094 although this may...